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Solid 8 plex Building with a large parking lot, very close to the Bluewater Park in Wiarton, Ontario. Perfect long term investment opportunity with established rents and laundry machine revenue. The property is located within walking distance to the park providing access to Colpoy's Bay/Georgian Bay, and within walking distance to downtown and the Wiarton Hospital. Wiarton and area provides a strong demand for rental apartments. Also listed as COMMERCIAL SALE MLS X12278599
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30 Year , 3.99% interest


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Welcome to this impressive Multi-Family Home for sale in South Bruce Peninsula , located at 433 Isaac Street, South Bruce Peninsula. This solid eight-plex building is an exceptional opportunity for those looking to invest in a thriving rental market. With a generous parking lot that accommodates up to 12 vehicles, this property is ideally situated just a stone's throw away from the beautiful Bluewater Park in Wiarton, Ontario.
As you explore this Multi-Family Home for sale in South Bruce Peninsula, you will discover that it boasts a total of 24 rooms, including eight well-appointed kitchens and an impressive 15 bedrooms, making it perfect for accommodating multiple families or groups. Each of the eight bathrooms ensures that residents have ample facilities, catering to the needs of a bustling household. The finished walk-up basement adds an extra layer of utility to the property, providing additional space that can be utilised in various ways.
The exterior of this building is constructed from durable brick, giving it a robust and timeless appearance. Although there is no central vacuum system or air conditioning, the baseboard heating provides a comfortable environment throughout the year. While there is no pool or fireplace, the property is equipped with municipal water and sewer services, ensuring convenience for all residents. Furthermore, internet access is available, making it an attractive option for tenants who require connectivity for work or leisure.
The Multi-Family Home for sale in South Bruce Peninsula is unfurnished, allowing new owners the flexibility to tailor the interior to their specific tastes and preferences. The absence of a garage means that the focus is on the ample parking space available, making it easy for tenants and guests alike to find a spot without hassle.
Located at 433 Isaac Street, South Bruce Peninsula, this property is not only a solid investment but also offers a fantastic lifestyle. The surrounding area is rich in amenities, with the vibrant downtown of Wiarton just a short walk away. Here, residents can enjoy a variety of shops, restaurants, and services, ensuring that all daily needs are met within easy reach. Additionally, the proximity to Wiarton Hospital is a significant advantage, providing peace of mind for families and individuals alike.
The strong demand for rental apartments in Wiarton and the surrounding area makes this Multi-Family Home for sale in South Bruce Peninsula an attractive prospect for long-term investment. Established rents and additional revenue from laundry facilities contribute to a steady income stream, making this property a sound financial choice. The local community is thriving, and with the beautiful Colpoy's Bay and Georgian Bay nearby, residents can enjoy a plethora of outdoor activities, from boating to hiking, all year round.
The lot measures an impressive 120 x 100 feet, providing ample outdoor space for potential landscaping or communal areas for tenants to enjoy. Although there is no additional land exceeding 0.50 acres, the existing space is more than sufficient for a property of this nature.
In summary, this Multi-Family Home for sale in South Bruce Peninsula at 433 Isaac Street, South Bruce Peninsula, presents a remarkable opportunity for investors seeking a well-located, spacious, and functional property. With its solid construction, generous parking, and proximity to essential amenities, this building is poised to meet the needs of a diverse range of tenants. Don't miss out on the chance to own this valuable piece of real estate in a community with a strong rental demand. Contact us today to learn more about this fantastic investment opportunity!
South Bruce Peninsula is a picturesque geographic area located along the stunning shores of Lake Huron in Ontario, Canada. Known for its breathtaking natural beauty, the region boasts a mix of rugged coastline, sandy beaches, and lush forests, making it an ideal haven for outdoor enthusiasts. The charming townships within South Bruce Peninsula, including Wiarton and Sauble Beach, offer a relaxed, small-town atmosphere, complemented by a vibrant local culture and a range of recreational activities such as hiking, fishing, and boating. With its welcoming community spirit and a strong sense of connection to nature, South Bruce Peninsula is a delightful place for those seeking a tranquil lifestyle amidst scenic surroundings.
The property is conveniently located near Peninsula Shores District School, situated just 1.6 kilometers away at 115 George St, Wiarton. This public school, governed by the Bluewater District School Board, offers a comprehensive education for students from junior kindergarten through to grade 12, all conducted in English. While the school rating is currently noted as 0, it is important to consider the various factors that contribute to a school’s environment and educational quality, such as community involvement and available resources. Proximity to educational institutions can greatly enhance the appeal of a property, making it an attractive option for families prioritizing access to schooling for their children. The school's location allows for easy commutes, ensuring that students can reach their classes with minimal travel time. Overall, this nearby educational facility adds value to the property, making it a suitable choice for families looking for a nurturing environment for their children's academic growth.
This property features 8 bathroom(s) and 15 bedroom(s).
This Multiplex property does not have an additional bedroom or a den.
The total square footage of this Multiplex 15 bed property in South Bruce Peninsula is 5000.
433 Isaac Street boasts 12 convenient parking spaces.
This property does not feature a garage.
Information about the garage type is not provided.
Yes, this property has a basement.
This property features Finished, Walk-Up basement.
It is not specified whether this property has a swimming pool.
There is no fireplace in this property.
This property includes 8 kitchen(s).
Information about the maintenance fee is not available.
Information about whether this property is furnished is not available.
The heating system in place is a Baseboard.
Information about utilities is not available.
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